Setting up the economic development aspects of a neighborhood revitalization strategy

What we want to know is how to set up the economic development aspects of a Neighborhood Revitalization Strategy Area (NRSA), so they program is easily understood, relatively painless to carry out for performance based goals, easy-to-read and easy to report (square peg, square hole) regarding economics and job creation in a neighborood setting with mixed use corridors.

Tell us what you know, be they best practices, or highlight the top 2 or 3 programs in the country.